Latest Drilling News

Magnum Mining’s initial 24 auger holes at Piracanjuba North all intersected near-surface rare earth mineralisation, showing promising grades and high desorption rates that suggest efficient extraction potential under mild conditions.

DeSoto Resources has kicked off a substantial 10,000-metre power auger drilling program at its Timbakouna Gold Project in Guinea, aiming to test beneath lateritic cover and build on historic high-grade gold intercepts.

Alicanto Minerals (ASX:AQI) has secured A$30 million through an institutional placement to fund an aggressive drilling campaign at its Mt Henry Gold Project in Western Australia, boosting its cash reserves to about A$41 million ahead of a resource update later this year.

A new geophysical survey at EV Resources’ Los Lirios project in Mexico reveals extensive sulphide anomalies and a structural fault network, significantly expanding the exploration footprint and sharpening drill targets ahead of a maiden resource estimate.

Mithril Silver and Gold has delivered compelling drilling results at its Copalquin project in Mexico, highlighting significant high-grade gold and silver intercepts that underpin an imminent resource update.

Pivotal Metals has unveiled high-grade copper, nickel, and platinum group metals intersections from its maiden drill program at the Belleterre Projects, confirming a significant mineralised system and advancing exploration across multiple targets.

Cannindah Resources continues to push the boundaries of its Cannindah Breccia copper-gold deposit with new drilling extending the Southern Shoot and revealing wider, higher-grade zones in both Southern and Northern Shoots, setting the stage for a significant resource upgrade later this year.

Austin Metals has kicked off a significant reverse circulation drilling campaign at its Austin Gold Project, aiming to test fresh BIF-hosted gold targets at Brunswick Hill and extensions at Mt Sandy in Western Australia.

Barton Gold has secured $25.9 million through an institutional placement, fully funding critical resource upgrades, feasibility studies, and drilling at its key South Australian gold and silver projects.

Infinity Metals has submitted a drilling approval request for its 100% owned Yambacoona Tin Project in NSW, aiming to test promising geophysical targets amid a booming tin market.

Prodigy Gold has won a $112,152 co-funding grant from the Northern Territory Government to drill a 600m hole at its Hyperion Gold Deposit, targeting a major untested geophysical anomaly that could expand the 454,000-ounce resource.

Golden Horse Minerals (ASX: GHM) has delivered robust assay results from its regional exploration at Southern Cross, confirming high-grade gold and silver mineralisation at Hakes Find and advancing drilling at Greenmount and Hopes Hill.